President & COO Wyll Adam sold 30.2K AAT shares at $28.22; holds 45.6K post-transaction (-39.9% reduction)
Wyll Adam, President & COO of American Assets Trust, sold 30,238 shares on 2024-12-03 for $853,316.36, reducing his holdings from 75,833 shares to 45,595 shares—a 39.9% reduction in his position. The sale occurred at $28.22 per share, near the 52-week high of $28.67, while the stock currently trades at $27.83 (-2.9% from that high). AAT reported solid fundamentals with $122.8M in latest quarterly revenue and $21.3M net income, yet trades at a P/E of 22.63 on a $1.7B market cap. The sale represents a material portfolio reduction by the company's second-ranking executive and warrants review of any contemporaneous filings or disclosures that may explain the transaction rationale.